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Feb 13, 2013
02/13
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it is not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth. ( applause ) that's what we should be looking for. our first priority is making america a magnet for new jobs in manufacturing. after shedding jobs for more than ten years our manufacturers have added about 500,000 jobs over the past three. caterpillar is bringing jobs back from japan. ford is bringing jobs back from mexico. and this year apple will start making macs in america again. ( applause ) there are things we can do right now to accelerate this trend. last year we created our first manufacturing innovation institute in youngstown, ohio. a once shuttered warehouse is now a state-of-the-art lab where new workers are mastering the 3d printing that has the possibility to revolutionize how we make almost everything. there's no reason why this can't happen in other town. i'm announcing the launch of three more of these manufacturing houses where businesses will partner with the department of defense and energy to turn regions left behind by globalization into global centers
it is not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth. ( applause ) that's what we should be looking for. our first priority is making america a magnet for new jobs in manufacturing. after shedding jobs for more than ten years our manufacturers have added about 500,000 jobs over the past three. caterpillar is bringing jobs back from japan. ford is bringing jobs back from mexico. and this year apple will start making macs in america...
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Feb 16, 2013
02/13
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marco rube -- rubio gave the government response to the speech. >> more government isn't going to help you get ahead. it's going to hold you back. more government isn't going to create more opportunities. it's going to limit them. and more government isn't going to inspire more ideas, new businesses and new private sector jobs. going to create uncertainty. john: house republican leader john boehner sat behind the president during the speech and did not stir a muscle in any way that might be mistaken for approving of the president's ideas. this was the reaction from mr. boehner the next day. last night, the president offered up more of the same -- higher taxes and more stimulus spending and we're weeks away from the president's sequester and the president laid out no plan to eliminate the sequester and the harmful cuts that will come as a result of it. john: eamon, any of the things the president talked about going to pass? >> i think he's got a fight on his hands. republicans, as you saw, just from the body language of speaker boehner sitting behind the president, republicans are not i
marco rube -- rubio gave the government response to the speech. >> more government isn't going to help you get ahead. it's going to hold you back. more government isn't going to create more opportunities. it's going to limit them. and more government isn't going to inspire more ideas, new businesses and new private sector jobs. going to create uncertainty. john: house republican leader john boehner sat behind the president during the speech and did not stir a muscle in any way that might...
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37
Feb 12, 2013
02/13
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MSNBC
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abandoned somewhat by the government. not absorbed in the private enterprise system in any way that they should be, considering all the skills that they have. so that was the kind of context of the piece. and he is a guy who wanted to portray the human side of that. so there is a story in there about his wife finding him with a bottle of ambien pills and his gun and his pistol one night, contemplating suicide. >> yeah. the thing is about how he wanted to be a sniper. he is a good shot, obviously. he is very effective. what is a sniper supposed to do when he leaves the service? what is the next -- what is the plan prepare you for in making a living, which you have to do because he didn't get a retirement. >> chris, keep in mind, there are a lot of snipers in the military. aside from being a sniper, he is a navy s.e.a.l. and aside from being a navy s.e.a.l., he is s.e.a.l. team 6. it's the highest level of training, the highest level of classification, the highest secrecy level there is. so he learns all sorts of things. he
abandoned somewhat by the government. not absorbed in the private enterprise system in any way that they should be, considering all the skills that they have. so that was the kind of context of the piece. and he is a guy who wanted to portray the human side of that. so there is a story in there about his wife finding him with a bottle of ambien pills and his gun and his pistol one night, contemplating suicide. >> yeah. the thing is about how he wanted to be a sniper. he is a good shot,...
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Feb 13, 2013
02/13
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WJZ
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eye 85
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it is not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth. (applause) that's what we should be looking for. our first priority is making america a magnet for new jobs and manufacturing. after shedding jobs for more than ten years, our manufacturers have added about 500,000 jobs over the past three. cat pillar is bringing jobs back from japan. ford is bringing jobs back from mexico. and this year apple will start making macs in america again. (applause) there are things we can do right now to accelerate this trend. last year we created our first manufacturing innovation institute in youngtown, ohio. a once shuttered warehouse is now a state-of-the-art lab where new workers are mastering the 3d printing that has the potential to revolutionize the way we make almost everything. there's no reason this can't happen in other towns. so tonight i'm announcing the launch of three more of these manufacturing hubs where businesses will partner with the department of defense and energy to turn regions left behind by globalization into global cent
it is not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth. (applause) that's what we should be looking for. our first priority is making america a magnet for new jobs and manufacturing. after shedding jobs for more than ten years, our manufacturers have added about 500,000 jobs over the past three. cat pillar is bringing jobs back from japan. ford is bringing jobs back from mexico. and this year apple will start making macs in america...
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83
Feb 18, 2013
02/13
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FOXNEWSW
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it is not because government spending it going down. government spending is is still going at pace. we petn spen spent more no theh quarter last career than in the nird quarter. we never had a real cut in spending in recent history. i will think he is flat out wrong. >> chris: but does it matter whether it is right or wrong and you know this doesn't have anything to do with politics, as a matter of practical politics isn't the president putting the republican party in the same spot he is successfully put you in during the campaign. he is defending the middle class and you guys are protecting tax breaks for the wealthy. >> right. and that is empty and false rhetoric. it is our job to explain to the american people that big government doesn't help the poor. big government creates massive debt which causes your price to rise. your gas price going up if you make $20,000 a year and have two kids you are poor and when the gas prices go from $3.20 to $3.0 that is president obama doing that with big government and his debt. if you are a senior citizen trying to save money and you get no cos
it is not because government spending it going down. government spending is is still going at pace. we petn spen spent more no theh quarter last career than in the nird quarter. we never had a real cut in spending in recent history. i will think he is flat out wrong. >> chris: but does it matter whether it is right or wrong and you know this doesn't have anything to do with politics, as a matter of practical politics isn't the president putting the republican party in the same spot he is...
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Feb 15, 2013
02/13
by
CURRENT
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a government that's up for sale to the highest bidder. cenk: if you like president obama, you can argue a lot of things, but you can't argue that he was tough on the banks. he let every one of the executives off there's no question about that. stick around. i want to ask you how you can fight the republican and democratic party at the same time and win when we come back. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. cenk: we're back on "the young turks" talking to rocky anderson, ran for president in 2012, mayor of salt lake city, utah. we were talking about electoral politics. you're fighting the republican and democratic party at the same time. tell me specifically what's the pathway to victory what happens next so that we can actually win on issues that progressives care are about and the great majority of americans care about. >> you know, when teddy roosevelt ran as a progressive candidate, third party candidate, almost everything he campaigned on ended up being implemented as public poli
a government that's up for sale to the highest bidder. cenk: if you like president obama, you can argue a lot of things, but you can't argue that he was tough on the banks. he let every one of the executives off there's no question about that. stick around. i want to ask you how you can fight the republican and democratic party at the same time and win when we come back. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. cenk: we're back on "the...
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Feb 11, 2013
02/13
by
MSNBC
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government. enter former fbi agent turned anti-islam activists john gordolo. his reason for why john brennan should not be cia director, of course, he's a secret muslim. >> he has interwoven his life, profaftionally and personally, with individuals that we know are terrorists and he has given them access to not only senior leaders inside the government, but has given them access to the national security council, the national security staff. he has brought known hamas and muslim brotherhood operatives into those positions of government. plt brennan did convert to islam when he served in an official capacity on behalf of the united states in saudi arabia. his conversion to islam was the culmination of a counterintelligence operation against him, to recruit him. >> there you have it. john brennan secretly converted to islam while on the job in saudi arabia. he's been helping terrorists, of course, that guy says, get federal jobs ever since. wow. what's wrong with this picture? here is a snapshot of the mississippi supreme court on friday. yes, you are looking at
government. enter former fbi agent turned anti-islam activists john gordolo. his reason for why john brennan should not be cia director, of course, he's a secret muslim. >> he has interwoven his life, profaftionally and personally, with individuals that we know are terrorists and he has given them access to not only senior leaders inside the government, but has given them access to the national security council, the national security staff. he has brought known hamas and muslim...
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Feb 11, 2013
02/13
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the government doesn't do a very good job of doing that effectively or efficiently. we need people back to work in this country and the president continues to take his eye off that ball and focusing on just about everything than jobs and the commit. >> the senate has a number of jobs, one of which is to vote on the president's candidates. lindsey graham has just said he will lock the nomination. >> i plan to vote against chuck hagel. anyone who has watched his testimony saw testimony that was weak and wobbly and can't feel great confidence in chuck hagel in the role as secretary of defense. when you look at his long history and statements he continueses to crack dict himself. >> do you believe he'll be conformed? >> we are looking for more information. we have suggested that a number of additional speech that is we want to read that he's given, sources of income we want to delve into, and we're still looking for that information. >> do you agree with critics who say it is unprecedented the kind of information you have been asking for, that no nominee previously has b
the government doesn't do a very good job of doing that effectively or efficiently. we need people back to work in this country and the president continues to take his eye off that ball and focusing on just about everything than jobs and the commit. >> the senate has a number of jobs, one of which is to vote on the president's candidates. lindsey graham has just said he will lock the nomination. >> i plan to vote against chuck hagel. anyone who has watched his testimony saw...
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Feb 19, 2013
02/13
by
MSNBC
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eye 48
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government and the chinese government. the chinese government continues to deny that they have any role in sponsoring these hacking teams. while the u.s. intelligence and security experts are saying that, in fact, the chinese government is behind this. so, you know, as far as the diplomacy is concerned, it is a very delicate, touchy issue. >> and with china continuing to deny this. and with this new evidence and new report, congressman mike rodgers saying the report is completely consistent with the type of activity that the intelligence committee has been seeing for some time here. what is the likely next step? >> well, one of the steps that we saw last week during the state of the union, the president said he signed an executive order on cyberauthority. and this is to protect the power grid, experts say if hackers were able to get ahold of the power grid's computer network, the power could go out in parts of the country for hours or even days. so it's really up to congress in some ways to create -- pass legislation to se
government and the chinese government. the chinese government continues to deny that they have any role in sponsoring these hacking teams. while the u.s. intelligence and security experts are saying that, in fact, the chinese government is behind this. so, you know, as far as the diplomacy is concerned, it is a very delicate, touchy issue. >> and with china continuing to deny this. and with this new evidence and new report, congressman mike rodgers saying the report is completely...
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Feb 15, 2013
02/13
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this runs completely counter to conventional wisdom wrosh it was bloomberg government's defense analyst rob levinson who broke out these numbers, but the conventional wisdom up until now has been that democrats are worried about the social spending side of the sequester cuts, and republicans are worried about the defense side. what this study showed is the democrats actually had a lot on the line, democratic congressmen do, in the potential sequester cuts, which ought to be leveraged to try to protect some of those districts, although this hasn't gotten a lot of attention. i think as we move forward and these cuts kick in, and most people do think that the sequester cuts are going to take effect, i think you'll start to see some of the information bubble up as the two parties finally get together and try to negotiate some kind of more reasonable series of cuts that won't have quite the economic damage. >> that seems like a pretty massive oversight. if you don't as a democrat realize that these defense cuts are happening in your own backyard, governor. we have five days to go on this. >>
this runs completely counter to conventional wisdom wrosh it was bloomberg government's defense analyst rob levinson who broke out these numbers, but the conventional wisdom up until now has been that democrats are worried about the social spending side of the sequester cuts, and republicans are worried about the defense side. what this study showed is the democrats actually had a lot on the line, democratic congressmen do, in the potential sequester cuts, which ought to be leveraged to try to...
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Feb 18, 2013
02/13
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you isolate a tea party that says it wants small government on the one hand, but really object because -- >> cutting back -- >> cutting back for children who through no fault of their own were born here. rick perry of all people tried to make that comment. what happened? they shot hem down. idealogically and politically it may not be a bad move for obama. smoke them out. make them state just how committed they are to this. yeah. >> really quickly, ari. the other thing is that this whole process, we know the president said this is going to inflame passions, but can the gop debt get through this whout putting their collective foot in their mouth, which is to say it stokes the ayre of passions both in the progressive community and the conservative community and will any -- if they do make it an actual reform, does the rhetoric and resistance that will inevitably come from certain parties of the gop negate the fact that they make on actual policy? >> rubio has the same problem that lindsey graham has, which is can you do enough fire-breathing obama attacks to earn yourself any space to do
you isolate a tea party that says it wants small government on the one hand, but really object because -- >> cutting back -- >> cutting back for children who through no fault of their own were born here. rick perry of all people tried to make that comment. what happened? they shot hem down. idealogically and politically it may not be a bad move for obama. smoke them out. make them state just how committed they are to this. yeah. >> really quickly, ari. the other thing is that...
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Feb 16, 2013
02/13
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FOXNEWS
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not for, of and by the government. and that is the big battle that we are in right now. >> carson says he has been receiving a lot of positive feedback from his remarks and that people are overjoyed to hear some common sense. >>> a bomb ripped through a crowded outdoor vegetable market in a city in southern pakistan, killing at least 60 people and injuring more than 180 others. they say the blast was set off by remote control while women and children were shopping for their dinner. this is the latest attack on the city's shiite minority in recent months. >>> a new twist in the christopher dorner case. we now know how the rogue form l.a.p.d officer was taken down and it wasn't by police. we'll have the latest on that and a live report. an elementary school principal under fire for taking the next step to help some students succeed. the key word there, some. he started a tutorial program with no whites allowed. one outrage mom changed that. we'll talk to her when we come back. >> come so far in all of these years to show
not for, of and by the government. and that is the big battle that we are in right now. >> carson says he has been receiving a lot of positive feedback from his remarks and that people are overjoyed to hear some common sense. >>> a bomb ripped through a crowded outdoor vegetable market in a city in southern pakistan, killing at least 60 people and injuring more than 180 others. they say the blast was set off by remote control while women and children were shopping for their...
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Feb 11, 2013
02/13
by
WUSA
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eye 79
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if the japanese government approves, cheap ultra compact cars could be puttering down japanese streets in the next few years. lucy craft, cbs news, tokyo. >>> it's cute but i don't know if i could get used to zipping my window closed. >>> coming up after your local news on c bbs news, a recap of e gram whery awards. i'm anne-marie green. this is the "cbs morning news." ready to mix things up with lean cuisine? try our entrees, snacks and new salads. wild salmon with basil, garlic chicken spring rolls, and now salads, like asian-style chicken. enjoy 100 delicious varieties under 400 calories. lean cuisine. enjoy 100 delicious varieties under 400 calories. i'm ready for thesten. rest of my life.onight. let your hair color do the talking. new revlon luxurious colorsilk buttercream™ triple butter complex for superior hair color, gorgeous texture and amazing shine. new revlon luxurious colorsilk buttercream™ if yyou've got thegood whenwrong toilet paper.room, you want it to get you clean... gently. as long as i use quilted northern ultra plush® i'm happy... and positive i'm clean. quil
if the japanese government approves, cheap ultra compact cars could be puttering down japanese streets in the next few years. lucy craft, cbs news, tokyo. >>> it's cute but i don't know if i could get used to zipping my window closed. >>> coming up after your local news on c bbs news, a recap of e gram whery awards. i'm anne-marie green. this is the "cbs morning news." ready to mix things up with lean cuisine? try our entrees, snacks and new salads. wild salmon with...
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Feb 13, 2013
02/13
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MSNBC
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he's not asking for bigger government. he's asking for smarter government. >> that's exactly right. effective and efficient. >> why have so many republicans responded by using the tired old lines from mitt romney's campaign that were so comprehensively rejected by the electorate? we have marco rubio in his rebuttal actually accusing the president of the exact opposite of the content of his speech last night 37. >> it is amazing. and yet again, i just wish the -- i wish our republican friends would put their political hats to the side and keep in mind that we've been sent here to do a job. the american people want us to lift their lives up and not make life more difficult for them. there's so many people, martin, who are struggling right now. and there are little things that the government can do to help them. they're not looking for a handout. they're just looking for a hand to get them through this storm. by the way, i was also glad to hear the president talk about getting our troops out of afghanistan. i thought that was very, very significant. and what he said about the gun and g
he's not asking for bigger government. he's asking for smarter government. >> that's exactly right. effective and efficient. >> why have so many republicans responded by using the tired old lines from mitt romney's campaign that were so comprehensively rejected by the electorate? we have marco rubio in his rebuttal actually accusing the president of the exact opposite of the content of his speech last night 37. >> it is amazing. and yet again, i just wish the -- i wish our...
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71
Feb 15, 2013
02/13
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FOXNEWS
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eye 71
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even though it didn't cost them a nickel, the government treats it as wages. they get a deduction for it. >> the company couldn't use them at all once and it will use more in coming years. $3 billion in tax break altogether, just the thing the president says we should stop. >> save hundreds of billions of dollars getting rid of the tax loopholes and deduction for the well off and well connected. >> that could apply to facebook. aside from face time with the president, mr. obama got $100,000 in campaign contribution from the company. five times more than any other candidate. president has gone after the te duction by the oil and gas companies for their business expenses. sharply criticizing them and calling for repeal. he said little about the tax strategies for companies like facebook. >> the president is selective. in the situation he points out to push the policy agenda. there are major problems with the corporate tax code that need to be addressed. singling out the oil industry is not really going to help move the debate forward. >> the president has allies
even though it didn't cost them a nickel, the government treats it as wages. they get a deduction for it. >> the company couldn't use them at all once and it will use more in coming years. $3 billion in tax break altogether, just the thing the president says we should stop. >> save hundreds of billions of dollars getting rid of the tax loopholes and deduction for the well off and well connected. >> that could apply to facebook. aside from face time with the president, mr....
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Feb 18, 2013
02/13
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FOXNEWS
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2.4% of the government's budget. it is being cut in the last seven months of the budget year. that causes real problems. particularly again, i repeat, if you don't have discretion, if you don't have flexibility, the interesting thing the house republicans are willing to give the democratic president flexibility to decide where these cuts will be by giving him greater authority at least on the defense side to move stuff from one account to another but, it's going to be complicated. the fact, look the defense department last week admitted they had not planned for this contingency. it has been on the books for 18 months. they hadn't planned for what happens with congress --. bill: ralph peters is coming up in 25 minutes. wait until you hear what he says. it will surprise you. president's day, your favorite least recognized president in history is whom? >> i like james k. polk. think he is underrated and ulysses s. grant. bill: he was one-termer and he said i would serve one term and did. stuck to his word. thank you, ka
2.4% of the government's budget. it is being cut in the last seven months of the budget year. that causes real problems. particularly again, i repeat, if you don't have discretion, if you don't have flexibility, the interesting thing the house republicans are willing to give the democratic president flexibility to decide where these cuts will be by giving him greater authority at least on the defense side to move stuff from one account to another but, it's going to be complicated. the fact,...
119
119
Feb 13, 2013
02/13
by
KQED
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eye 119
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much bigger government and being in favor of government programs but it seemed to me that president obama went out of his way to say that that's not what he wanted to do. he did list programs. .. >> judy, he had a wish list. the president did. that was kind of startling. it made harry truman look like a piper just pushing medicare and the marshal plan. i mean he had a lot of lists the president did >> woodruff: okay. we won't debate it here but i mean he wasn't talking about creating a new government agency. he was saying we need to do something to get colleges to reduce their tuition. what did he say a college scorecard? >> well, if we're going to consider giving a scorecard to colleges i would say that's an expansion of federal power. i do think the president wants to expand federal power. the trick for republicans to say we don't want to go as far as they do. they have a lot more faith in central planning than we do. nonetheless we do understand that the rising tide in longer lifts all boats. we can see the statistics as much as anybody else. middle class people are not seeing th
much bigger government and being in favor of government programs but it seemed to me that president obama went out of his way to say that that's not what he wanted to do. he did list programs. .. >> judy, he had a wish list. the president did. that was kind of startling. it made harry truman look like a piper just pushing medicare and the marshal plan. i mean he had a lot of lists the president did >> woodruff: okay. we won't debate it here but i mean he wasn't talking about...
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46
Feb 15, 2013
02/13
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MSNBC
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eye 46
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if funding the government was actually up to republicans? according to their theory, since all taxes are bad, a republican congress and republican president should cut taxes down to zero. >> it's a very simple equation. tax increases destroy jobs. >> since taxes destroy jobs, the only logical tax rate for the republican party in washington to support would be zero. on everything. personal income, capital gains, gasoline, every single federal tax rate should be zero. that is the logic of the republican position. in the world in which this guy is considered the leadi ining intellectual of the anti-tax movement, if washington had no democrats, taxes could never go up. they could only go down and they'd eventually go to zero or just low enough to pay for the defense department and nothing else. right? i mean, that's 21st century republicanism. or is it? if you want to see a world with no democrats, there's no better place to go than wyoming. the state's entire congressional delegation is republican. that's two senators and only one congressman.
if funding the government was actually up to republicans? according to their theory, since all taxes are bad, a republican congress and republican president should cut taxes down to zero. >> it's a very simple equation. tax increases destroy jobs. >> since taxes destroy jobs, the only logical tax rate for the republican party in washington to support would be zero. on everything. personal income, capital gains, gasoline, every single federal tax rate should be zero. that is the...
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77
Feb 19, 2013
02/13
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MSNBCW
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eye 77
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it was filibusters by people like rand and we have the record, we know it was about governing. not just politicking. and not just a lie, so they make it look like it was all a machination, they have had support since 2010. >> it is not just me who thought that the response was half baked. let's listen to george will on this. >> were you struck on how over the top marco rubio's response was to this? i mean it was a draft, the white house was not putting it out. he came out blazing on this. >> i would like to see the details on what he finds in it that is offensive or left out or that is important to add to it. in that sense, it strikes me as this may tell us something about the many conflicting pressures on marco rubio, he has been on the cover of time, called the savior of the republican party. i am sure he has heard from some in the republican party that don't want to be saved with the kind of immigration reform he has in mind. >> i think it does show the pressure, the nature of it, oh, we have to get something out right away. >> rubio is in a weird position, he has been given
it was filibusters by people like rand and we have the record, we know it was about governing. not just politicking. and not just a lie, so they make it look like it was all a machination, they have had support since 2010. >> it is not just me who thought that the response was half baked. let's listen to george will on this. >> were you struck on how over the top marco rubio's response was to this? i mean it was a draft, the white house was not putting it out. he came out blazing on...
66
66
Feb 14, 2013
02/13
by
CURRENT
tv
eye 66
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was directing the secretary of state at the time hillary clinton to appeal for help for the libyan government that obama himself called the next day to ask for help with the investigation and the rest of it. graham is up for re-election in 2014, and he has been successful pressing the bengahzi story for as much as possible. again that's what his interest and concern is. he wants to go back to home state voters and say i stuck it to the president on this. i consider it to be as bad as watergate, and so he has no incentive whatsoever to stop doing that until the very last minute. that hasn't approached yet. >> michael: now, it's worth pointing out not only is graham up for re-election but it looks like he's going to get a primary as well. to see as right of the president as he possibly can seems like a good path for him to take. let's go to the president. what does this bode for the president's second term if he has this much trouble getting his nominees past of the democratic senate. >> it's funny you ask this. this all is playing out the same week that the president gave his state of the unio
was directing the secretary of state at the time hillary clinton to appeal for help for the libyan government that obama himself called the next day to ask for help with the investigation and the rest of it. graham is up for re-election in 2014, and he has been successful pressing the bengahzi story for as much as possible. again that's what his interest and concern is. he wants to go back to home state voters and say i stuck it to the president on this. i consider it to be as bad as watergate,...
115
115
Feb 13, 2013
02/13
by
KRCB
tv
eye 115
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much bigger government and being in favor of government programs but it seemed to me that president obama went out of his way to say that that's not what he wanted to do. he did list programs. .. >> judy, he had a wish list. the president did. that was kind of startling. it made harry truman look like a piper just pushing medicare and the marshal plan. i mean he had a lot of lists the president did >> woodruff: okay. we won't debate it here but i mean he wasn't talking about creating a new government agency. he was saying we need to do something to get colleges to reduce their tuition. what did he say a college scorecard? >> well, if we're going to consider giving a scorerd to colleges i would say that's an expansion of federal power. i do think the president wants to expand federal power. the trick for republicans to say we don't want to go as far as they do. they have a lot more faith in central planning than we do. nonetheless we do understand that the rising tide in longer lifts all boats. we can see the statistics as much as anybody else. middle class people are not seeing thei
much bigger government and being in favor of government programs but it seemed to me that president obama went out of his way to say that that's not what he wanted to do. he did list programs. .. >> judy, he had a wish list. the president did. that was kind of startling. it made harry truman look like a piper just pushing medicare and the marshal plan. i mean he had a lot of lists the president did >> woodruff: okay. we won't debate it here but i mean he wasn't talking about...
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when you have high unemployment and under utilized capacity the last thing that the government wants to do is raise taxes on the middle class or cut spending in any way because that's going to reduce demand. what you need right now because so many people are worried about their jobs and can't get loans what you need to do is you got to increase demand, not reduce demand. >> john: well, the g.o.p. senators are said to be preparing a confrontation of their own, a balanced budget to be released thursday that would cap spending of gdp and require the super majority to raise taxes and increase the debt limit. i don't want to think about what that would do to the economy if allowed to pass. what is the point of this posturing? are they stone walling more trying to do nothing in hopes that a stagnant economy would further hurt the democratic party? >> they're trying to do more than that. they're trying to make the public believe a big lie. that lie is that the reason the economic recovery is so slow, the reason why unemployment continues to be very high is the budget deficit. that lie is to
when you have high unemployment and under utilized capacity the last thing that the government wants to do is raise taxes on the middle class or cut spending in any way because that's going to reduce demand. what you need right now because so many people are worried about their jobs and can't get loans what you need to do is you got to increase demand, not reduce demand. >> john: well, the g.o.p. senators are said to be preparing a confrontation of their own, a balanced budget to be...